Category OFFSHORE TURKMENISTAN

Magnitude 5.1 Earthquake Depth 12 km Strikes Caspian Sea, Offshore Turkmenistan on 23rd Dec 2025

Turkmenistan’s offshore Caspian Sea sector holds significant oil and gas potential, with key developments including the joint Azerbaijan-Turkmenistan Dostlug (Friendship) field, historically disputed but now slated for cross-border development. Major players like Dragon Oil (UAE) and Malaysian firms (Petronas) operate…